Following a webcast update on 9 October, the OECD has released a consultation on Pillar One (the allocation of taxing rights and review of profit allocation and nexus rules, in particular looking at “user participation”, “marketing intangibles”, and “significant economic...
International tax systems inevitably lag behind changes in business practices, and the question of how the profits of digital businesses should be taxed between different jurisdictions is a thorny issue. Indeed, in the UK, there has been considerable media attention...
What’s the issue? HM Treasury issued a position paper on corporate tax and the digital economy on 22 November. It highlights deficiencies in the international tax framework , where value is generated by digital means from the presence of users...
The closing speech at the informal September 16 meeting in Tallinn of the EU Council ministers included comments on the prospect that the CCCTB would help provide a long-term solution to “the issue of taxing digital giants, as it would...
On 5 October, the OECD has issued the Final Reports on the BEPS 15 Action points and it is expected that the G20 Finance Ministers will discuss and endorse the Reports and the recommended changes at their meeting on 8...
On 21 January, the OECD held a public discussion meeting on BEPS Action 7 focusing on preventing the artificial avoidance of permanent establishment (PE). Action 7 is one of the most discussed action points of the BEPS Action Plan and...
On 16 December, the OECD published two discussion drafts on Action 10 and has invited public comments on the transfer pricing aspects of cross-border commodity transactions and on the use of profit splits in the context of global value chains...
Today, Mazars was very pleased to welcome Dr Tom O’Shea and his LL.M in International Tax Law students from the Centre for Commercial Law Studies, Queen Mary, University of London. Dr Tom O’Shea delivered a very interesting guest lecture entitled...
United Nations Subcommittee on Base Erosion and Profit Shifting (BEPS) had invited the developing countries to provide feedback by answering the UN Questionnaire including 10 questions. This summary focuses on the responses provided by China and India. In its response, India...
We welcome the OECD announcement on OECD BEPS project and deliverables. Today is a landmark day for the international tax world and it is expected that the BEPS project marks its first turning point in the history of international co-operation...
This September is a very challenging and landmark period for the international tax world. The OECD releases its first recommendations for a co-ordinated international approach to combat tax avoidance by multinational enterprises under the OECD/G20 Base Erosion and Profit Shifting (BEPS)...
The OECD will release its first recommendations for a co-ordinated international approach to combat tax avoidance by multinational enterprises under the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project on Tuesday 16 September 2014. The OECD Secretary General Angel Gurría...
This September will be a very exciting period for the international tax world and it is expected that the BEPS project marks its first turning point in the history of international co-operation on taxation. Pascal Saint-Amans, Director of OECD Centre...
On 2 April 2014 the OECD presented a second update on the BEPS (Base Erosion and Profit Shifting) project via a webcast, which is available for viewing on the OECD website (link). The key message was that the BEPS project...
This website uses cookies.
Some of these cookies are necessary, while others help us analyse our traffic, serve advertising and deliver customised experiences for you.
This website cannot function properly without these cookies.
Analytical cookies help us enhance our website by collecting information on its usage.
We use marketing cookies to increase the relevancy of our advertising campaigns.